Gandhi Special Tubes Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2025, recommended Final Dividend of 15 per equity share.
GANDHITUBE · price
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Gandhi Special Tubes Limited's Board, at its May 28, 2025 meeting, approved audited FY25 results and recommended a final dividend of Rs. 15 per share (300% on face value of Rs. 5). Revenue from operations for FY25 stood at Rs. 17,253.68 lakhs versus Rs. 17,088.36 lakhs in FY24, while profit after tax rose to Rs. 5,867.41 lakhs from Rs. 5,557.92 lakhs, taking EPS to Rs. 48.28 (vs Rs. 45.74). The company reported a strong operating cash flow of Rs. 4,704.65 lakhs, up sharply from Rs. 2,635.73 lakhs last year. The Board also appointed a new woman independent director (Mrs. Nishita R Chheda), a Cost Auditor, a Secretarial Auditor for five years, and Mr. Rahul Gandhi (a relative of Mr. Jayesh Gandhi) as Chief Operating Officer. The statutory auditor issued an unmodified (clean) opinion on the results.
The 300% dividend is a strong positive for shareholders, signaling healthy cash generation and shareholder-friendly capital allocation. Modest topline growth and steady PAT growth, combined with robust operating cash flows and an unmodified audit opinion, suggest financial stability. The appointment of a family member as COO is a governance point to watch.